Question 22 10 29: Below is Justin Corp's flexible budget and actual results for making 32,000 units. The company's expected manufacturing products in the static budget is 50,000 units. Budget Ami Per Unit Actual Results Flexible Variance Budget 52000 52000 Unit (Batches of 100) Variable costs DM DL VOH Fixed Costs Fixed Overhead Total 1.84 2.88 0.72 104000 145600 30160 13000 -4160 -7280 91000 149760 37440 23920 303680 -1000 480 25000 303200 Additional information for DM: Direct materials cost standard $1.75 per pound of paraffin Direct materials efficiency standard 10 phund of paraffin per batch of crayons Actual amount of paraffin used 65,000 pounds Actual cost of paraffin used $104,000 Additional information for DL: Direct labor cost standard $12.00 per DLHO Direct labor efficiency standard 0.24 DL.Hr per batch of crayons Actual amount of direct labor hours 10,400 DL Actual cost of direct labor $145,600 Additional information for OH Direct materials efficiency standard 105 pound of parallin per batch of crayons Actual amount of paraffin used 65,000 pounds Actual cost of paraffin used $104,000 Additional information for DL: Direct labor cost standard $12.00 per DLHE Direct labor efficiency standard 0.24 DL.Hr per batch of crayons Actual amount of direct labor hours 10,400 DLHO Actual cost of direct labor 5145,600 Additional information for OH: Variable OH cost standard 53.00 per DLHE Fixed OH standard overhead allocation rate $2.00 per DLH Variable OH efficiency standard 0.24 DL.Hr per batch of crayons Actual amount of direct labor hours 10,400 DLHO Actual cost of variable OH $30,160 Compute direct material efficiency (quantity) variance 18,200 U 22,750 F Ob 18,200 F 22,750 U Od